THPC Golf Tournament Raises 100m Kip for Flood Victims

Vientiane Times January 28, 2019

Theun-Hinboun Power Company (THPC) held its annual Charity Golf Tournament at the Long Vien Golf Club on Saturday to raise money for the thousands who lost their homes in July’s flood in Attapeu province. More than 60 golfers attended the event. Their efforts and generosity meant the company’s target of 60 million kip was far exceeded, and by the end of the day 100 million kip had been collected for donation to those who suffered in the flood.

On behalf of THPC’s shareholders - EDL-Gen, SN Power and GMS International - company Chairman and Head of Office at the Ministry of Energy and Mines, Dr Daovong Phonekeo, welcomed golfers to the event. He said the tournament gave the various groups involved in Laos’ economic development the chance to meet socially and to strengthen their cooperation.

All of the event expenses were covered by THPC, with each participant contributing 1 million kip to take part in the tournament. All of the money donated by the golfers will be handed over to support ongoing relief efforts in Attapeu province. THPC previously contributed 300 million kip to flood relief efforts in the provinces through the Ministry of Energy and Mines and the Disaster Victims Assistance Fund at the Ministry of Labour and Social Welfare.

THPC operates the Theun-Hinboun and Nam Gnouang Powerhouse in Khammuan and Borikhamxay provinces, with a combined capacity of 520MW. THPC is the only independent power producer that is majority Lao-owned and 97 percent of its staff are Lao nationals. The company’s business covers not only power production, but also innovative and wide-ranging social and environmental programnes across five districts in two provinces. THPC has contributed over US$580 million to the state since beginning operations in 1998.

Results: Xayying Tongyertor lifted the trophy after seeing off other contenders and coming first in the Overall Low Gross and Low Gross score categories, while Thongsavanh Keokhounying won a cup with first place in the Overall Low Net category.

Note: The 100 million kip raised was handed over to Attapeu provincial authorities on January 31, 2019.